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International Business Machines Corporation
Buy, Hold or Sell?

Let's analyse International Business Machines Corporation together

PenkeI guess you are interested in International Business Machines Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of International Business Machines Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of International Business Machines Corporation (30 sec.)










What can you expect buying and holding a share of International Business Machines Corporation? (30 sec.)

How much money do you get?

How much money do you get?
€6.62
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€22.85
Expected worth in 1 year
€23.23
How sure are you?
94.1%

+ What do you gain per year?

Total Gains per Share
€6.50
Return On Investment
3.7%

For what price can you sell your share?

Current Price per Share
€175.00
Expected price per share
€149.88 - €181.65
How sure are you?
50%

1. Valuation of International Business Machines Corporation (5 min.)




Live pricePrice per Share (EOD)

€175.00

Intrinsic Value Per Share

€24.63 - €25.08

Total Value Per Share

€47.48 - €47.92

2. Growth of International Business Machines Corporation (5 min.)




Is International Business Machines Corporation growing?

Current yearPrevious yearGrowGrow %
How rich?$22.6b$20.1b$2.2b10.0%

How much money is International Business Machines Corporation making?

Current yearPrevious yearGrowGrow %
Making money$1.8b$410m$1.4b78.1%
Net Profit Margin11.8%1.9%--

How much money comes from the company's main activities?

3. Financial Health of International Business Machines Corporation (5 min.)




4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  


Richest
#20 / 406

Most Revenue
#17 / 406

Most Profit
#14 / 406

What can you expect buying and holding a share of International Business Machines Corporation? (5 min.)

Welcome investor! International Business Machines Corporation's management wants to use your money to grow the business. In return you get a share of International Business Machines Corporation.

What can you expect buying and holding a share of International Business Machines Corporation?

First you should know what it really means to hold a share of International Business Machines Corporation. And how you can make/lose money.

Speculation

The Price per Share of International Business Machines Corporation is €175.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of International Business Machines Corporation.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in International Business Machines Corporation, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €22.85. Based on the TTM, the Book Value Change Per Share is €0.09 per quarter. Based on the YOY, the Book Value Change Per Share is €0.73 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €1.53 per quarter.
Based on historical numbers we can estimate the returns while holding a share of International Business Machines Corporation.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps3.592.1%2.051.2%0.450.3%1.340.8%1.340.8%
Usd Book Value Change Per Share-0.65-0.4%0.100.1%0.790.5%1.450.8%1.450.8%
Usd Dividend Per Share1.660.9%1.660.9%1.650.9%1.640.9%1.640.9%
Usd Total Gains Per Share1.010.6%1.761.0%2.431.4%3.091.8%3.091.8%
Usd Price Per Share160.20-141.55-137.75-130.93-130.93-
Price to Earnings Ratio11.15-20.28-16.35-15.82-15.82-
Price-to-Total Gains Ratio158.13-94.94-60.93-67.19-67.19-
Price to Book Ratio6.48-5.75-6.17-4.71-4.71-
Price-to-Total Gains Ratio158.13-94.94-60.93-67.19-67.19-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share189.2975
Number of shares5
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.661.64
Usd Book Value Change Per Share0.101.45
Usd Total Gains Per Share1.763.09
Gains per Quarter (5 shares)8.7915.47
Gains per Year (5 shares)35.1761.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
133225332952
2664606658114
3996959887176
41328130131116238
516610165164145300
619912200197174362
723214235230204424
826516270262233486
929818305295262548
1033121340328291610

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%16.01.00.094.1%16.01.00.094.1%16.01.00.094.1%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%12.05.00.070.6%12.05.00.070.6%12.05.00.070.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%16.01.00.094.1%16.01.00.094.1%16.01.00.094.1%

Fundamentals of International Business Machines Corporation

About International Business Machines Corporation

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There is no Profile data available for IBM.MU.

Fundamental data was last updated by Penke on 2024-03-14 00:37:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of International Business Machines Corporation.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit International Business Machines Corporation earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare International Business Machines Corporation to the Other industry mean.
  • A Net Profit Margin of 18.9% means that €0.19 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of International Business Machines Corporation:

  • The MRQ is 18.9%. The company is making a huge profit. +2
  • The TTM is 11.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ18.9%TTM11.8%+7.1%
TTM11.8%YOY1.9%+9.9%
TTM11.8%5Y11.2%+0.6%
5Y11.2%10Y11.2%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ18.9%5.6%+13.3%
TTM11.8%5.4%+6.4%
YOY1.9%6.9%-5.0%
5Y11.2%6.0%+5.2%
10Y11.2%6.1%+5.1%
1.1.2. Return on Assets

Shows how efficient International Business Machines Corporation is using its assets to generate profit.

  • Above 5% is considered healthy but always compare International Business Machines Corporation to the Other industry mean.
  • 2.4% Return on Assets means that International Business Machines Corporation generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of International Business Machines Corporation:

  • The MRQ is 2.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.4%TTM1.4%+1.0%
TTM1.4%YOY0.3%+1.1%
TTM1.4%5Y1.0%+0.4%
5Y1.0%10Y1.0%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%1.2%+1.2%
TTM1.4%1.2%+0.2%
YOY0.3%1.6%-1.3%
5Y1.0%1.2%-0.2%
10Y1.0%1.3%-0.3%
1.1.3. Return on Equity

Shows how efficient International Business Machines Corporation is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare International Business Machines Corporation to the Other industry mean.
  • 14.6% Return on Equity means International Business Machines Corporation generated €0.15 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of International Business Machines Corporation:

  • The MRQ is 14.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.6%TTM8.3%+6.2%
TTM8.3%YOY1.9%+6.5%
TTM8.3%5Y7.3%+1.0%
5Y7.3%10Y7.3%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ14.6%3.4%+11.2%
TTM8.3%3.5%+4.8%
YOY1.9%4.9%-3.0%
5Y7.3%3.8%+3.5%
10Y7.3%3.8%+3.5%

1.2. Operating Efficiency of International Business Machines Corporation.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient International Business Machines Corporation is operating .

  • Measures how much profit International Business Machines Corporation makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare International Business Machines Corporation to the Other industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of International Business Machines Corporation:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y7.9%-7.9%
5Y7.9%10Y7.9%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.5%-9.5%
TTM-7.6%-7.6%
YOY-8.9%-8.9%
5Y7.9%6.1%+1.8%
10Y7.9%7.3%+0.6%
1.2.2. Operating Ratio

Measures how efficient International Business Machines Corporation is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other industry mean).
  • An Operation Ratio of 1.18 means that the operating costs are €1.18 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of International Business Machines Corporation:

  • The MRQ is 1.181. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.300. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.181TTM1.300-0.119
TTM1.300YOY1.330-0.030
TTM1.3005Y1.290+0.010
5Y1.29010Y1.2900.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1811.249-0.068
TTM1.3001.245+0.055
YOY1.3301.209+0.121
5Y1.2901.257+0.033
10Y1.2901.355-0.065

1.3. Liquidity of International Business Machines Corporation.

1.3. Liquidity
1.3.1. Current Ratio

Measures if International Business Machines Corporation is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other industry mean).
  • A Current Ratio of 0.96 means the company has €0.96 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of International Business Machines Corporation:

  • The MRQ is 0.964. The company is just not able to pay all its short-term debts. -1
  • The TTM is 1.023. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.964TTM1.023-0.058
TTM1.023YOY0.918+0.105
TTM1.0235Y1.028-0.006
5Y1.02810Y1.0280.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9641.472-0.508
TTM1.0231.515-0.492
YOY0.9181.503-0.585
5Y1.0281.478-0.450
10Y1.0281.478-0.450
1.3.2. Quick Ratio

Measures if International Business Machines Corporation is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare International Business Machines Corporation to the Other industry mean.
  • A Quick Ratio of 0.22 means the company can pay off €0.22 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of International Business Machines Corporation:

  • The MRQ is 0.222. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.338. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.222TTM0.338-0.115
TTM0.338YOY0.216+0.121
TTM0.3385Y0.233+0.104
5Y0.23310Y0.2330.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2220.607-0.385
TTM0.3380.601-0.263
YOY0.2160.589-0.373
5Y0.2330.604-0.371
10Y0.2330.601-0.368

1.4. Solvency of International Business Machines Corporation.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of International Business Machines Corporation assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare International Business Machines Corporation to Other industry mean.
  • A Debt to Asset Ratio of 0.83 means that International Business Machines Corporation assets are financed with 83.3% credit (debt) and the remaining percentage (100% - 83.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of International Business Machines Corporation:

  • The MRQ is 0.833. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.831. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.833TTM0.831+0.002
TTM0.831YOY0.843-0.012
TTM0.8315Y0.853-0.022
5Y0.85310Y0.8530.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8330.531+0.302
TTM0.8310.535+0.296
YOY0.8430.551+0.292
5Y0.8530.566+0.287
10Y0.8530.576+0.277
1.4.2. Debt to Equity Ratio

Measures if International Business Machines Corporation is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare International Business Machines Corporation to the Other industry mean.
  • A Debt to Equity ratio of 499.8% means that company has €5.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of International Business Machines Corporation:

  • The MRQ is 4.998. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.933. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.998TTM4.933+0.065
TTM4.933YOY5.405-0.472
TTM4.9335Y5.937-1.004
5Y5.93710Y5.9370.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9981.094+3.904
TTM4.9331.095+3.838
YOY5.4051.198+4.207
5Y5.9371.327+4.610
10Y5.9371.476+4.461

2. Market Valuation of International Business Machines Corporation

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings International Business Machines Corporation generates.

  • Above 15 is considered overpriced but always compare International Business Machines Corporation to the Other industry mean.
  • A PE ratio of 11.15 means the investor is paying €11.15 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of International Business Machines Corporation:

  • The EOD is 13.169. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.145. Based on the earnings, the company is underpriced. +1
  • The TTM is 20.275. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD13.169MRQ11.145+2.024
MRQ11.145TTM20.275-9.130
TTM20.275YOY16.354+3.921
TTM20.2755Y15.815+4.460
5Y15.81510Y15.8150.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD13.16912.052+1.117
MRQ11.14510.573+0.572
TTM20.27510.632+9.643
YOY16.35411.288+5.066
5Y15.81512.205+3.610
10Y15.81512.604+3.211
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of International Business Machines Corporation:

  • The EOD is 10.785. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.127. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.125. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.785MRQ9.127+1.658
MRQ9.127TTM11.125-1.998
TTM11.125YOY20.065-8.940
TTM11.1255Y10.763+0.362
5Y10.76310Y10.7630.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD10.7854.505+6.280
MRQ9.1274.283+4.844
TTM11.1254.211+6.914
YOY20.0652.671+17.394
5Y10.7631.732+9.031
10Y10.7633.058+7.705
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of International Business Machines Corporation is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other industry mean).
  • A PB ratio of 6.48 means the investor is paying €6.48 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of International Business Machines Corporation:

  • The EOD is 7.660. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.482. Based on the equity, the company is overpriced. -1
  • The TTM is 5.751. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.660MRQ6.482+1.177
MRQ6.482TTM5.751+0.731
TTM5.751YOY6.173-0.422
TTM5.7515Y4.712+1.039
5Y4.71210Y4.7120.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD7.6601.630+6.030
MRQ6.4821.252+5.230
TTM5.7511.304+4.447
YOY6.1731.426+4.747
5Y4.7121.426+3.286
10Y4.7121.518+3.194
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of International Business Machines Corporation compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.5970.095-730%0.728-182%1.344-144%1.344-144%
Book Value Per Share--22.84722.739+0%20.662+11%18.457+24%18.457+24%
Current Ratio--0.9641.023-6%0.918+5%1.028-6%1.028-6%
Debt To Asset Ratio--0.8330.831+0%0.843-1%0.853-2%0.853-2%
Debt To Equity Ratio--4.9984.933+1%5.405-8%5.937-16%5.937-16%
Dividend Per Share--1.5341.531+0%1.522+1%1.517+1%1.517+1%
Eps--3.3221.899+75%0.419+693%1.241+168%1.241+168%
Free Cash Flow Per Share--4.0573.072+32%2.191+85%2.928+39%2.928+39%
Free Cash Flow To Equity Per Share--2.4262.631-8%0.926+162%0.775+213%0.775+213%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--25.076--------
Intrinsic Value_10Y_min--24.633--------
Intrinsic Value_1Y_max--9.329--------
Intrinsic Value_1Y_min--9.167--------
Intrinsic Value_3Y_max--22.835--------
Intrinsic Value_3Y_min--21.905--------
Intrinsic Value_5Y_max--30.079--------
Intrinsic Value_5Y_min--28.366--------
Market Cap--135513520972.600119347834393.238+14%115034591132.800+18%91957845190.863+47%91957845190.863+47%
Net Profit Margin--0.1890.118+60%0.019+882%0.112+69%0.112+69%
Operating Margin----0%-0%0.079-100%0.079-100%
Operating Ratio--1.1811.300-9%1.330-11%1.290-8%1.290-8%
Pb Ratio7.660+15%6.4825.751+13%6.173+5%4.712+38%4.712+38%
Pe Ratio13.169+15%11.14520.275-45%16.354-32%15.815-30%15.815-30%
Price Per Share175.000+15%148.100130.863+13%127.350+16%121.045+22%121.045+22%
Price To Free Cash Flow Ratio10.785+15%9.12711.125-18%20.065-55%10.763-15%10.763-15%
Price To Total Gains Ratio186.855+15%158.13394.939+67%60.929+160%67.186+135%67.186+135%
Quick Ratio--0.2220.338-34%0.216+3%0.233-5%0.233-5%
Return On Assets--0.0240.014+72%0.003+689%0.010+132%0.010+132%
Return On Equity--0.1460.083+75%0.019+683%0.073+99%0.073+99%
Total Gains Per Share--0.9371.626-42%2.250-58%2.861-67%2.861-67%
Usd Book Value--22613715701.45022428709846.200+1%20189638981.850+12%20587651578.550+10%20587651578.550+10%
Usd Book Value Change Per Share---0.6460.103-730%0.788-182%1.454-144%1.454-144%
Usd Book Value Per Share--24.71424.597+0%22.351+11%19.965+24%19.965+24%
Usd Dividend Per Share--1.6591.656+0%1.646+1%1.641+1%1.641+1%
Usd Eps--3.5942.055+75%0.453+693%1.342+168%1.342+168%
Usd Free Cash Flow--4015127074.7503030345907.413+32%2140567746.825+88%2877141058.633+40%2877141058.633+40%
Usd Free Cash Flow Per Share--4.3883.323+32%2.370+85%3.167+39%3.167+39%
Usd Free Cash Flow To Equity Per Share--2.6242.846-8%1.001+162%0.838+213%0.838+213%
Usd Market Cap--146584975636.061129098552463.165+14%124432917228.350+18%99470801142.956+47%99470801142.956+47%
Usd Price Per Share189.298+15%160.200141.554+13%137.754+16%130.934+22%130.934+22%
Usd Profit--3288104065.2001875559359.575+75%410012976.500+702%1495197321.498+120%1495197321.498+120%
Usd Revenue--17380550077.00015465239459.338+12%15133478959.450+15%16526023032.075+5%16526023032.075+5%
Usd Total Gains Per Share--1.0131.759-42%2.434-58%3.094-67%3.094-67%
 EOD+2 -4MRQTTM+22 -12YOY+28 -65Y+26 -910Y+26 -9

3.2. Fundamental Score

Let's check the fundamental score of International Business Machines Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.169
Price to Book Ratio (EOD)Between0-17.660
Net Profit Margin (MRQ)Greater than00.189
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.222
Current Ratio (MRQ)Greater than10.964
Debt to Asset Ratio (MRQ)Less than10.833
Debt to Equity Ratio (MRQ)Less than14.998
Return on Equity (MRQ)Greater than0.150.146
Return on Assets (MRQ)Greater than0.050.024
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of International Business Machines Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.666
Ma 20Greater thanMa 50176.975
Ma 50Greater thanMa 100172.220
Ma 100Greater thanMa 200158.603
OpenGreater thanClose175.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets135,241,000
Total Liabilities112,628,000
Total Stockholder Equity22,533,000
 As reported
Total Liabilities 112,628,000
Total Stockholder Equity+ 22,533,000
Total Assets = 135,241,000

Assets

Total Assets135,241,000
Total Current Assets32,908,000
Long-term Assets102,332,000
Total Current Assets
Cash And Cash Equivalents 13,068,000
Short-term Investments 373,000
Net Receivables 7,214,000
Inventory 1,161,000
Other Current Assets 2,639,000
Total Current Assets  (as reported)32,908,000
Total Current Assets  (calculated)24,455,000
+/- 8,453,000
Long-term Assets
Property Plant Equipment 8,722,000
Goodwill 60,178,000
Intangible Assets 11,036,000
Long-term Assets Other 1,626,000
Long-term Assets  (as reported)102,332,000
Long-term Assets  (calculated)81,562,000
+/- 20,770,000

Liabilities & Shareholders' Equity

Total Current Liabilities34,122,000
Long-term Liabilities78,506,000
Total Stockholder Equity22,533,000
Total Current Liabilities
Short Long Term Debt 6,426,000
Accounts payable 4,132,000
Other Current Liabilities 1,000
Total Current Liabilities  (as reported)34,122,000
Total Current Liabilities  (calculated)10,559,000
+/- 23,563,000
Long-term Liabilities
Long term Debt 50,121,000
Capital Lease Obligations Min Short Term Debt3,388,000
Long-term Liabilities Other 1,164,000
Long-term Liabilities  (as reported)78,506,000
Long-term Liabilities  (calculated)54,673,000
+/- 23,833,000
Total Stockholder Equity
Total Stockholder Equity (as reported)22,533,000
Total Stockholder Equity (calculated)0
+/- 22,533,000
Other
Capital Stock59,643,000
Common Stock Shares Outstanding 915,014
Net Debt 43,479,000
Net Invested Capital 79,080,000
Net Working Capital -1,214,000
Property Plant and Equipment Gross 21,343,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
130,926,000
154,652,000
149,620,000
152,186,000
153,403,000
154,200,000
154,128,000
155,971,000
148,629,000
146,814,000
144,214,000
132,001,000
133,275,000
127,503,000
125,850,000
127,243,000
133,637,000
132,213,000
129,321,000
135,241,000
135,241,000129,321,000132,213,000133,637,000127,243,000125,850,000127,503,000133,275,000132,001,000144,214,000146,814,000148,629,000155,971,000154,128,000154,200,000153,403,000152,186,000149,620,000154,652,000130,926,000
   > Total Current Assets 
52,705,000
77,517,000
38,121,000
38,420,000
38,931,000
39,953,000
39,845,000
39,165,000
34,038,000
30,774,000
29,967,000
29,539,000
31,330,000
27,896,000
28,999,000
29,118,000
35,982,000
34,458,000
27,705,000
32,908,000
32,908,00027,705,00034,458,00035,982,00029,118,00028,999,00027,896,00031,330,00029,539,00029,967,00030,774,00034,038,00039,165,00039,845,00039,953,00038,931,00038,420,00038,121,00077,517,00052,705,000
       Cash And Cash Equivalents 
17,134,000
45,399,000
10,087,000
8,172,000
11,218,000
12,041,000
14,393,000
13,212,000
10,531,000
7,350,000
7,455,000
6,650,000
9,934,000
7,034,000
7,816,000
7,886,000
9,337,000
9,394,000
7,257,000
13,068,000
13,068,0007,257,0009,394,0009,337,0007,886,0007,816,0007,034,0009,934,0006,650,0007,455,0007,350,00010,531,00013,212,00014,393,00012,041,00011,218,0008,172,00010,087,00045,399,00017,134,000
       Short-term Investments 
872,000
874,000
733,000
696,000
647,000
2,063,000
1,200,000
600,000
600,000
600,000
600,000
600,000
550,000
524,000
1,753,000
852,000
8,057,000
6,904,000
3,721,000
373,000
373,0003,721,0006,904,0008,057,000852,0001,753,000524,000550,000600,000600,000600,000600,000600,0001,200,0002,063,000647,000696,000733,000874,000872,000
       Net Receivables 
6,987,000
7,414,000
6,753,000
7,870,000
6,927,000
6,543,000
6,099,000
7,132,000
6,458,000
6,827,000
6,609,000
6,754,000
5,963,000
5,867,000
5,526,000
6,541,000
5,757,000
5,673,000
5,330,000
7,214,000
7,214,0005,330,0005,673,0005,757,0006,541,0005,526,0005,867,0005,963,0006,754,0006,609,0006,827,0006,458,0007,132,0006,099,0006,543,0006,927,0007,870,0006,753,0007,414,0006,987,000
       Inventory 
1,771,000
1,745,000
1,712,000
1,619,000
1,786,000
1,869,000
1,949,000
1,839,000
1,828,000
1,807,000
1,891,000
1,649,000
1,776,000
1,684,000
1,794,000
1,552,000
1,603,000
1,501,000
1,399,000
1,161,000
1,161,0001,399,0001,501,0001,603,0001,552,0001,794,0001,684,0001,776,0001,649,0001,891,0001,807,0001,828,0001,839,0001,949,0001,869,0001,786,0001,619,0001,712,0001,745,0001,771,000
   > Long-term Assets 
78,223,000
77,138,000
111,496,000
113,766,000
114,473,000
114,246,000
114,282,000
116,805,000
114,590,000
116,040,000
114,249,000
102,460,000
101,944,000
99,606,000
96,851,000
98,126,000
97,655,000
97,755,000
101,616,000
102,332,000
102,332,000101,616,00097,755,00097,655,00098,126,00096,851,00099,606,000101,944,000102,460,000114,249,000116,040,000114,590,000116,805,000114,282,000114,246,000114,473,000113,766,000111,496,00077,138,00078,223,000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,890,000
8,212,000
8,133,000
8,096,000
8,481,000
8,722,000
8,722,0008,481,0008,096,0008,133,0008,212,0007,890,00000000000000000
       Goodwill 
36,281,000
35,284,000
57,951,000
58,222,000
57,517,000
57,833,000
58,355,000
59,617,000
59,984,000
61,645,000
61,378,000
55,643,000
56,106,000
55,039,000
54,218,000
55,949,000
56,193,000
56,385,000
59,596,000
60,178,000
60,178,00059,596,00056,385,00056,193,00055,949,00054,218,00055,039,00056,106,00055,643,00061,378,00061,645,00059,984,00059,617,00058,355,00057,833,00057,517,00058,222,00057,951,00035,284,00036,281,000
       Long Term Investments 
2,403,000
2,228,000
2,221,000
222,000
1,911,000
1,921,000
1,944,000
226,000
2,125,000
2,010,000
1,996,000
206,000
1,771,000
1,689,000
1,614,000
1,617,000
1,607,000
1,585,000
0
0
001,585,0001,607,0001,617,0001,614,0001,689,0001,771,000206,0001,996,0002,010,0002,125,000226,0001,944,0001,921,0001,911,000222,0002,221,0002,228,0002,403,000
       Intangible Assets 
2,956,000
2,730,000
15,612,000
15,236,000
14,667,000
14,270,000
13,961,000
13,795,000
13,535,000
13,539,000
13,026,000
12,511,000
12,312,000
11,571,000
10,967,000
11,184,000
10,905,000
10,496,000
11,277,000
11,036,000
11,036,00011,277,00010,496,00010,905,00011,184,00010,967,00011,571,00012,312,00012,511,00013,026,00013,539,00013,535,00013,795,00013,961,00014,270,00014,667,00015,236,00015,612,0002,730,0002,956,000
> Total Liabilities 
114,319,000
136,876,000
131,525,000
131,201,000
133,275,000
133,512,000
132,794,000
135,245,000
127,116,000
124,747,000
121,857,000
113,005,000
114,163,000
108,027,000
105,703,000
105,222,000
111,965,000
109,942,000
106,165,000
112,628,000
112,628,000106,165,000109,942,000111,965,000105,222,000105,703,000108,027,000114,163,000113,005,000121,857,000124,747,000127,116,000135,245,000132,794,000133,512,000133,275,000131,201,000131,525,000136,876,000114,319,000
   > Total Current Liabilities 
38,871,000
42,351,000
35,066,000
37,701,000
40,673,000
38,442,000
37,993,000
39,869,000
36,542,000
36,616,000
35,832,000
33,619,000
34,056,000
31,844,000
30,466,000
31,505,000
30,993,000
32,513,000
30,606,000
34,122,000
34,122,00030,606,00032,513,00030,993,00031,505,00030,466,00031,844,00034,056,00033,619,00035,832,00036,616,00036,542,00039,869,00037,993,00038,442,00040,673,00037,701,00035,066,00042,351,00038,871,000
       Short-term Debt 
10,249,000
14,593,000
8,530,000
8,797,000
11,642,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000011,642,0008,797,0008,530,00014,593,00010,249,000
       Short Long Term Debt 
10,249,000
14,593,000
8,530,000
8,797,000
11,643,000
9,289,000
10,286,000
7,183,000
5,198,000
6,442,000
7,575,000
6,786,000
7,690,000
5,981,000
5,937,000
4,760,000
4,887,000
6,785,000
6,413,000
6,426,000
6,426,0006,413,0006,785,0004,887,0004,760,0005,937,0005,981,0007,690,0006,786,0007,575,0006,442,0005,198,0007,183,00010,286,0009,289,00011,643,0008,797,0008,530,00014,593,00010,249,000
       Accounts payable 
5,711,000
4,724,000
4,042,000
4,896,000
4,172,000
4,719,000
3,985,000
4,908,000
4,140,000
4,214,000
4,248,000
3,955,000
3,453,000
3,707,000
3,806,000
4,051,000
3,728,000
3,732,000
3,342,000
4,132,000
4,132,0003,342,0003,732,0003,728,0004,051,0003,806,0003,707,0003,453,0003,955,0004,248,0004,214,0004,140,0004,908,0003,985,0004,719,0004,172,0004,896,0004,042,0004,724,0005,711,000
       Other Current Liabilities 
1,000
1,000
1,000
7,763,000
7,807,000
7,995,000
-2,000
10,287,000
-1,000
-1,000
1,000
1,000
6,635,000
7,008,000
7,073,000
1,000
1,000
6,836,000
2,000
1,000
1,0002,0006,836,0001,0001,0007,073,0007,008,0006,635,0001,0001,000-1,000-1,00010,287,000-2,0007,995,0007,807,0007,763,0001,0001,0001,000
   > Long-term Liabilities 
75,448,000
94,525,000
96,459,000
93,500,000
92,602,000
95,070,000
94,801,000
95,376,000
90,574,000
88,131,000
86,025,000
79,386,000
80,107,000
76,183,000
75,237,000
73,717,000
80,972,000
77,429,000
75,559,000
78,506,000
78,506,00075,559,00077,429,00080,972,00073,717,00075,237,00076,183,00080,107,00079,386,00086,025,00088,131,00090,574,00095,376,00094,801,00095,070,00092,602,00093,500,00096,459,00094,525,00075,448,000
       Long term Debt 
39,727,000
58,445,000
57,797,000
54,102,000
52,685,000
55,449,000
55,129,000
54,355,000
51,206,000
48,735,000
46,926,000
44,917,000
46,545,000
44,328,000
44,942,000
46,189,000
53,826,000
50,691,000
48,828,000
50,121,000
50,121,00048,828,00050,691,00053,826,00046,189,00044,942,00044,328,00046,545,00044,917,00046,926,00048,735,00051,206,00054,355,00055,129,00055,449,00052,685,00054,102,00057,797,00058,445,00039,727,000
       Capital Lease Obligations 
4,903,000
5,265,000
5,167,000
5,259,000
5,126,000
5,027,000
4,971,000
4,931,000
4,716,000
4,612,000
4,477,000
3,436,000
3,312,000
3,066,000
2,947,000
3,064,000
2,963,000
2,828,000
3,283,000
3,388,000
3,388,0003,283,0002,828,0002,963,0003,064,0002,947,0003,066,0003,312,0003,436,0004,477,0004,612,0004,716,0004,931,0004,971,0005,027,0005,126,0005,259,0005,167,0005,265,0004,903,000
       Long-term Liabilities Other 
12,183,000
12,189,000
15,565,000
1,238,000
15,875,000
15,667,000
15,485,000
1,376,000
14,490,000
14,740,000
15,178,000
1,295,000
13,844,000
13,486,000
13,414,000
1,206,000
12,100,000
12,103,000
12,080,000
1,164,000
1,164,00012,080,00012,103,00012,100,0001,206,00013,414,00013,486,00013,844,0001,295,00015,178,00014,740,00014,490,0001,376,00015,485,00015,667,00015,875,0001,238,00015,565,00012,189,00012,183,000
> Total Stockholder Equity
16,481,000
17,645,000
17,956,000
20,841,000
19,999,000
20,551,000
21,208,000
20,597,000
21,389,000
21,942,000
22,228,000
18,901,000
19,050,000
19,409,000
20,076,000
21,944,000
21,604,000
22,201,000
23,081,000
22,533,000
22,533,00023,081,00022,201,00021,604,00021,944,00020,076,00019,409,00019,050,00018,901,00022,228,00021,942,00021,389,00020,597,00021,208,00020,551,00019,999,00020,841,00017,956,00017,645,00016,481,000
   Common Stock00000000000000000000
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 00000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue61,860,000
Cost of Revenue-27,560,000
Gross Profit34,300,00034,300,000
 
Operating Income (+$)
Gross Profit34,300,000
Operating Expense-52,486,000
Operating Income9,374,000-18,186,000
 
Operating Expense (+$)
Research Development6,775,000
Selling General Administrative17,997,000
Selling And Marketing Expenses0
Operating Expense52,486,00024,772,000
 
Net Interest Income (+$)
Interest Income670,000
Interest Expense-1,607,000
Other Finance Cost-0
Net Interest Income-937,000
 
Pretax Income (+$)
Operating Income9,374,000
Net Interest Income-937,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)8,690,0009,121,000
EBIT - interestExpense = -1,607,000
7,502,000
9,109,000
Interest Expense1,607,000
Earnings Before Interest and Taxes (EBIT)010,297,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax8,690,000
Tax Provision-1,176,000
Net Income From Continuing Ops7,514,0007,514,000
Net Income7,502,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net253,000937,000
 

Technical Analysis of International Business Machines Corporation
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of International Business Machines Corporation. The general trend of International Business Machines Corporation is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine International Business Machines Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of International Business Machines Corporation.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 181.65.

The bearish price targets are: 173.85 > 166.95 > 149.88.

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International Business Machines Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of International Business Machines Corporation. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

International Business Machines Corporation Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of International Business Machines Corporation. The current macd is 1.32669617.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the International Business Machines Corporation price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for International Business Machines Corporation. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the International Business Machines Corporation price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
International Business Machines Corporation Daily Moving Average Convergence/Divergence (MACD) ChartInternational Business Machines Corporation Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of International Business Machines Corporation. The current adx is 30.88.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy International Business Machines Corporation shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
International Business Machines Corporation Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of International Business Machines Corporation. The current sar is 181.50.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
International Business Machines Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of International Business Machines Corporation. The current rsi is 50.67. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
International Business Machines Corporation Daily Relative Strength Index (RSI) ChartInternational Business Machines Corporation Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of International Business Machines Corporation. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the International Business Machines Corporation price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
International Business Machines Corporation Daily Stochastic Oscillator ChartInternational Business Machines Corporation Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of International Business Machines Corporation. The current cci is -63.81568744.

International Business Machines Corporation Daily Commodity Channel Index (CCI) ChartInternational Business Machines Corporation Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of International Business Machines Corporation. The current cmo is -11.87955499.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
International Business Machines Corporation Daily Chande Momentum Oscillator (CMO) ChartInternational Business Machines Corporation Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of International Business Machines Corporation. The current willr is -87.5.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
International Business Machines Corporation Daily Williams %R ChartInternational Business Machines Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of International Business Machines Corporation.

International Business Machines Corporation Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of International Business Machines Corporation. The current atr is 1.50373755.

International Business Machines Corporation Daily Average True Range (ATR) ChartInternational Business Machines Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of International Business Machines Corporation. The current obv is 556.00.

International Business Machines Corporation Daily On-Balance Volume (OBV) ChartInternational Business Machines Corporation Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of International Business Machines Corporation. The current mfi is 56.46.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
International Business Machines Corporation Daily Money Flow Index (MFI) ChartInternational Business Machines Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for International Business Machines Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-26ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

International Business Machines Corporation Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of International Business Machines Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.666
Ma 20Greater thanMa 50176.975
Ma 50Greater thanMa 100172.220
Ma 100Greater thanMa 200158.603
OpenGreater thanClose175.000
Total4/5 (80.0%)
Penke

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